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State Bank announces Schmutz as new CEO

State Bank of Southern Utah’s Board of Directors has designated Eric Jon Schmutz to replace Ronald W. Heaton as the President and Chief Executive Officer of State Bank of Southern Utah.

Heaton will retire this summer to serve as a Mission President for the Church of Jesus Christ of Latter-Day Saints.

Eric Schmutz is married to Brenda (Stones) and has three daughters and two grandchildren. He is a graduate of Cedar High School and Southern Utah University, where he received a degree in Business Administration, with a minor in Accounting. He is also a graduate of the Pacific Coast School of Banking. Schmutz has worked at the Controller’s Office at SUU and has been with State Bank of Southern Utah for 23 years.

He is currently serving as an Executive Vice President in Commercial Lending. He will assume his duties as President and CEO later in the year when Heaton leaves for his mission.